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DRAFT_Magnolia Condos EasementFor Grantee’s Internal Use: Work Order #: 36084397 1 Prepared by: Duke Energy Indiana, LLC Return to: Duke Energy Indiana, LLC Attn: Jamie Stevens 1000 E Main St. Mail Code: WP989 Plainfield, IN 46168 Parcel # 29-10-31-112-007.000-018 EASEMENT State of Indiana County of Hamilton THIS EASEMENT (“Easement”) is made this day of 20 , from MAGNOLIA CONDOS LLC, an Indiana limited liability company (“Grantor”, whether one or more), to DUKE ENERGY INDIANA, LLC, an Indiana limited liability company (“Grantee”). Grantor, for and in consideration of the sum of One and 00/100 Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, does hereby grant unto Grantee a perpetual and non-exclusive easement, to construct, reconstruct, operate, patrol, maintain, repair, replace, relocate, add to, modify, and remove electric and communication lines including, but not limited to, all necessary supporting structures, and all other appurtenant apparatus and equipment for the transmission and distribution of electrical energy, and for technological purposes related to the operation of the electric facilities and for the communication purposes of Incumbent Local Exchange Carriers (collectively, “Facilities”). Grantor is the owner of that certain property described in Hamilton County, State of Indiana; being a part of Lots 65 and 66 in Newark and part of Lot No. 64 in Newark Village, a tract as recorded in Deed Record 119, Pages 7-9, and also Instrument Number 2019065651 , in the Office of the Recorder of Hamilton County, Indiana (“Property”). The Facilities shall be underground, except as needed on or above the ground to support the underground Facilities, and located in, upon, along, under, through, and across a portion of the Property within an easement area described as follows: A strip of land fifteen feet (15’) in uniform width, lying equidistant on both sides of a centerline, which centerline shall be established by the center of the Facilities as installed, along with an area ten feet (10’) 06/15/21 For Grantee’s Internal Use: Work Order #: 36084397 2 wide on all sides of the foundation of any Grantee enclosure/transformer, vault and/or manhole, and as generally shown on Exhibit “A”, attached hereto and becoming a part hereof (hereinafter referred to as the “Easement Area”). The rights granted herein include, but are not limited to, the following: 1. Grantee shall have the right of ingress and egress over the Easement Area, Property, and any adjoining lands now owned or hereinafter acquired by Grantor (using lanes, driveways, and adjoining public roads where practical as determined by Grantee). 2. Grantee shall have the right to cut down, clear, trim, remove, and otherwise control any trees, shrubs, overhanging branches, and/or other vegetation upon or over the Easement Area. Grantee shall also have the right to cut down, clear, trim, remove, and otherwise control any trees, shrubs, overhanging branches, and/or other vegetation which are immediately adjacent to the Easement Area but only to the extent such vegetation may endanger, as reasonably determined by Grantee, the safe or reliable operation of the Facilities, or where such vegetation is trimmed consistent with generally accepted arboricultural practices. 3. Grantee shall have the right to trim, cut down, and remove from the Property, at any time or times and using safe and generally accepted arboricultural practices, dead, diseased, weak, dying, or leaning trees or limbs, which, in the opinion of Grantee, might fall upon the Easement Area or interfere with the safe and reliable operation of the Facilities. 4. Intentionally omitted. 5. Grantee shall have the right to relocate the Facilities and Easement Area on the Property to conform to any future highway or street relocation, widening, or alterations, so long as the location of any such relocation Facilities and/or Easement Area is reasonably acceptable to both Grantor and Grantee. 6. Notwithstanding anything to the contrary contained herein, Grantor shall not without the prior written consent of Grantee (a) construct or install, or permit the construction or installation of any building, house, or other above-ground structure, or portion thereof, upon the Easement Area; or (b) excavate or place, or permit the excavation or placement of any dirt or other material upon or below the Easement Area, a pond, lake, or similar containment vehicle that would result in the retention of water in any manner within the Easement Area. Grantee shall have the right to remove any such structure, improvement, facility, or obstruction at the expense of Grantor. 7. Excluding the removal of vegetation, structures, improvements, facilities, and obstructions as provided herein, Grantee shall promptly repair or cause to be repaired any physical damage to the surface area of the Easement Area and Property resulting from the exercise of the rights granted herein to Grantee. Such repair shall be to a condition which is reasonably close to the condition prior to the damage, and shall only be to the extent such damage was caused by Grantee or its contractors or employees. 8. Intentionally omitted. 9. All other rights and privileges reasonably necessary, in Grantee’s sole discretion, for the safe, reliable, and efficient installation, operation, and maintenance of the Facilities. 06/15/21 For Grantee’s Internal Use: Work Order #: 36084397 3 The terms Grantor and Grantee shall include the respective heirs, successors, and assigns of Grantor and Grantee. The failure of Grantee to exercise or continue to exercise or enforce any of the rights herein granted shall not be construed as a waiver or abandonment of the right thereafter at any time, or from time to time, to exercise any and all such rights. TO HAVE AND TO HOLD said rights, privilege, and easement unto Grantee, its successors, licensees, and assigns, forever. Grantor warrants and covenants that Grantor has the full right and authority to convey to Grantee this perpetual Easement, and that Grantee shall have quiet and peaceful possession, use and enjoyment of the same. 06/15/21 For Grantee’s Internal Use: Work Order #: 36084397 4 IN WITNESS WHEREOF, Grantor has signed this Easement under seal effective this day of , 20 . MAGNOLIA CONDOS LLC an Indiana limited liability company Signed Name Printed Name STATE OF COUNTY OF ) ) ss: ) Title This certificate relates to an acknowledgment in connection with which, no oath or affirmation was administered to the document signer. The foregoing instrument was acknowledged before me, a notary public in the county and state written above this day of , 20 by , as of MAGNOLIA CONDOS LLC, a limited liability company, organized under the laws of Indiana, on behalf of such limited liability company. WITNESS my hand and official seal dated , 20 . SEAL: Signed: Printed or Typed Name: Commission Expires: My County of Residence: My Commission Number: This instrument prepared by John Scheidler, Attorney-at-Law, 1000 E. Main St, Plainfield, IN 46168. I affirm, under the penalties of perjury, that I have taken reasonable care to redact each Social Security number in this document, unless required by law. Jamie Stevens 06/15/21